Global Glass Fibers Market Growth 2023-2029

Global Glass Fibers Market Growth 2023-2029

Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.
LPI (LP Information)' newest research report, the “Glass Fibers Industry Forecast” looks at past sales and reviews total world Glass Fibers sales in 2022, providing a comprehensive analysis by region and market sector of projected Glass Fibers sales for 2023 through 2029. With Glass Fibers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass Fibers industry.
This Insight Report provides a comprehensive analysis of the global Glass Fibers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glass Fibers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glass Fibers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Fibers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glass Fibers.
The global Glass Fibers market size is projected to grow from US$ 10770 million in 2022 to US$ 13540 million in 2029; it is expected to grow at a CAGR of 13540 from 2023 to 2029.
Global core glass fibers manufacturers include Owens Corning, Jushi Group etc. The top 2 companies hold a share about 43%. China is the largest market, with a share about 53%, followed by North America and Europe with the share about 17% and 15%.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Fibers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
General-purpose Glass Fibers
Special-purpose Glass Fibers
Segmentation by application
Building & Construction
Electronics
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Owens Corning
Jushi Group
PPG Industries
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nippon Electric Glass
Nittobo
Saint-Gobain Vetrotex
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Fibers market?
What factors are driving Glass Fibers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Fibers market opportunities vary by end market size?
How does Glass Fibers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.